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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
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High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
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...The slow pace of fundraising underscores how a turnaround in private markets has damped the appetite of institutional investors for allocating cash to risky venture capital investments in recent years....
...Last week, Chicago-based Grant Thornton agreed to sell a majority stake to New Mountain Capital in the sector’s largest deal. Baker Tilly secured a $1bn investment led by H&F in February....
...The shift makes Citadel Securities the latest financial services company to increase its reliance on Big Tech cloud services and is a win for Google as Silicon Valley companies host more business traditionally...
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...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...He was a day-one investor in venture capital giant Sequoia Capital, as well as other leading private capital groups including Benchmark Capital and Hillhouse Investments....
...The deal also included an agreement where Atlas would provide investment management services to some of the assets Credit Suisse retained....
...On Monday, the Virginia-based bank said it had agreed to acquire Discover Financial Services for $35bn, to be paid all in stock....
...A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting held more than a decade ago,...
...Alphaville got its mitts on the Palmer Square Capital BDC deck, which you can read here, including a slide showing the investment yield on offer in these vehicles....
...In his ruling, Castel said that Apollo’s accounting department “deserve[d] significant blame” for the harm done to fund investors but still ruled that Rashid had violated US securities law on investment...
...“The persistence in profitmaking of the big multi-strategy firms over the last few years has been a remarkable trend,” said Rick Sopher, chief executive of Edmond de Rothschild Capital and chair of LCH Investments...
...Jane Street is suing Millennium Management and two former employees for allegedly stealing trade secrets in a rare public spat between two big Wall Street investment firms....
...Dean Meyer has joined venture capital firm Sequoia as a partner focused on early stage investments. He was previously an investor at Vine Ventures....
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